Data: Ethereum has increased by 228,000 coins in the past four and a half months, with an annualized inflation rate potentially reaching 0.5%

2024-08-22 17:07:02
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ChainCatcher news reports that, according to Ember monitoring, Ethereum has recently shown signs of inflation. Data indicates that over the past four and a half months, the total supply of ETH has increased by 228,000 coins, valued at approximately $602 million, with an average daily increase of 1,652 coins. Since early April, due to a decrease in on-chain activity, ETH Gas fees have remained below 2 Gwei for an extended period, resulting in the token output exceeding the amount destroyed. The total supply of ETH has risen from 120,063,605 to 120,291,622.

If this trend continues, the annual inflation amount is expected to reach 600,000 coins, valued at approximately $1.59 billion at current prices, with an inflation rate of 0.5%. Nevertheless, compared to other assets, an inflation rate of 0.5% is still considered relatively low.

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